Source: Hong Kong Government special administrative region
HKMA announces “ART” Framework to promote responsible AI adoption
AI systems are becoming more autonomous, with greater access to data, tools and workflows. With the aim of supporting banks in seizing the opportunities presented by AI while maintaining robust governance and operational resilience, key initiatives under the “ART” Framework include:
The HKMA is also co-hosting the two-day Finance+A.I. Forum with Cyberport on October 15 and 16, marking the successful completion of the technical trials under the second cohort of the GenAI Sandbox, which delivered positive results. Notably, more than 60 per cent of the use cases explored agentic AI, demonstrating the industry’s active pursuit of advanced AI applications, such as automated planning and execution of multi-step tasks within defined boundaries and controls.
Deputy Chief Executive of the HKMA Mr Arthur Yuen said, “The progression from generative to agentic AI represents an important new stage of innovation for the banking sector. Under Fintech 2030Issued at HKT 14:30
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